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March 25, 2022 - April 7, 2022

K.P.R. Mill limited Buyback (K.P.R Mill Buyback) Detail

KPR Mills Limited is one of the largest vertically integrated companies, with a diversified business focus across Yarn, Fabrics, Garments, and White Crystal Sugar . KPR ranks among the top 500 companies in India with over four decades of experience to produce an indelible mark in the textile landscape.

The product portfolio of KPR Mills ranges from Readymade Knitted Apparel, Fabrics, Compact, Melange, Carded, Polyster, and Combed Yarn. The company produces unique customer-focused products and serves domestic and global customers with diligence, superior quality, and delivery excellence.

K.P.R Mill Buyback Detail

Issue PeriodMarch 25, 2022 - April 7, 2022
Security NameK.P.R. Mill limited
Issue TypeTender Offer
Issue Size (Shares)2,236,000
Issue Size (Amount)₹180.00 Crores
Buyback Price₹805 per share
Face Value₹1 per share
Listing AtBSE, NSE

K.P.R Mill Buyback Issue Timetable

Record DateFebruary 19, 2022
Offer Opens OnMarch 25, 2022
Last Date for receipt of Tender FormsApril 9, 2022
Offer Closes On *April 7, 2022
Finalisation of Buyback AcceptanceApril 18, 2022
Last Date for settlment of bidsApril 19, 2022
Last Date for Extinguishment of SharesApril 26, 2022

Buyback Ratio

Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 1 Equity Share out of every 16 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 5 Equity Share out of every 891 Fully paid-up Equity Shares held on the Record Date.

Company Financials

Summary of financial Information (standalone)
Particulars For the year/period ended (Rs. in Crores)
31-Mar-21 31-Mar-20 31-Mar-19
Total Income 2,991.60 2,934.53 3,015.90
Profit After Tax 432.62 294.61 289.11
Net Worth 1,906.54 1,504.88 1,511.20
Reserves and Surplus 1,872.13 1,470.47 1,474.92

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jan-2022 771.80 605.30 709.35
Dec-2021 699.20 502.85 581.87
Nov-2021 548.40 446.00 508.67

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jan-2022 769.00 606.25 709.22
Dec-2021 699.00 503.25 581.71
Nov-2021 548.00 445.60 508.56

Necessity of the Issue

The Buyback aims to :
i) Return surplus cash to its Shareholders.
ii) Optimize the capital structure.
iii) Improve key return ratios like return on equity capital.

K.P.R Mill Buyback Documents

K.P.R Mill Buyback Rating

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K.P.R Mill Buyback Reviews

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Company Contact Information

K.P.R. Mill limited
No. 9, Gokul Buildings,
A.K.S. Nagar, Thadagam Road,
Coimbatore - 641 001, India

Phone: 0422-2207777
Email: investors@kprmill.com
Website: https://kprmilllimited.com/

K.P.R Mill Buyback Registrar

  1. Kfin Technologies Limited
       KFintech, Tower-B, Plot No 31 & 32,
       Financial District, Nanakramguda, Gachibowli,
       Hyderabad, Telangana India - 500 032.

    Phone: 04067162222, 04079611000
    Email: kpr.buyback@kfintech.com
    Website: https://kosmic.kfintech.com/ipostatus/

K.P.R Mill Buyback Manager

Lead Manager(s)

  1. Idbi Capital Market Services Limited

Registered Broker

  1. IDBI Capital Markets & Securities Limited
    Email: charushila.parkar@idbicapital.com

Find K.P.R Mill Buyback Latest Update

K.P.R Mill Buyback FAQs

The K.P.R Mill Buyback opens on March 25, 2022, and closes on April 7, 2022.

The K.P.R Mill Buyback last day to buy is not available as of now.

The K.P.R Mill Buyback is a Tender Offer.

K.P.R Mill Buyback Schedule

Buyback Opening DateMarch 25, 2022
Buyback Closing DateApril 7, 2022
Last Date for receipt of Tender FormsApril 9, 2022
Finalisation of Buyback AcceptanceApril 18, 2022
Last Date for settlment of bidsApril 19, 2022
Last Date for Extinguishment of SharesApril 26, 2022

The K.P.R Mill Buyback is being offered at Rs ₹805 per share per equity share.

Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 1 Equity Share out of every 16 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 5 Equity Share out of every 891 Fully paid-up Equity Shares held on the Record Date.

The record date for the K.P.R Mill Buyback is February 19, 2022.

The issue size of K.P.R Mill Buyback is of 2,236,000 equity shares at ₹805 per share aggregating upto ₹180.00 Crores.

The Buyback aims to :
i) Return surplus cash to its Shareholders.
ii) Optimize the capital structure.
iii) Improve key return ratios like return on equity capital.

All the eligible Shareholders of the Company holding either Physical Shares or Demat Shares as on the Record Date can participate in the buyback offer through their Stock Broker.

The eligible shareholder holding the shares in Demat form needs to inform their broker the details of the Equity shares they wish to tender in the Buyback Offer. The shareholder needs to transfer the tendered shares to a Special account of the clearing corporation. The broker, in turn, would place an order on the stock exchange for the buyback.

The eligible shareholder holding the shares in physical form needs to approach their broker with original share certificates and supporting documents. Upon completion of document verification, the broker places an order on the stock exchange and submits the original share certificate and TRS to the registrar.

The tender form and TRS are optional in the case of Demat shares but mandatory in the case of physical shares.

The K.P.R Mill Buyback offers an opportunity for the shareholders to exit their positions at a premium price. In case you stay invested you would have an increased percentage of shareholding in the company and improved earnings per share. Thus, one should understand the company fundamentals along with one's need, goals, and risk appetite to decide if one wants to stay invested or participate in the buyback offer.


13 Comments

13. Ram     Link|April 21, 2022 6:55:47 AM
My KPR 16 shares buy back amount still not credited.
12. k.nalini     Link|April 20, 2022 11:41:30 AM
HAD 40 SHARES AND 13 TAKEN FOR BUY BACK AT 603/39 AFTER DEDUCTING BROKERAGE. BUT AMOUNT YET TO BE CREDITED
11. k.nalini     Link|April 20, 2022 11:38:21 AM
i had 40 shares and 13 bought by the company under buy back at 803.39 after deducting brokerage. but the money is yet to be credited in to my bank a/c
10. Mahendra kumar sharma     Link|April 20, 2022 6:02:57 AM
I not received any Cr amount in Bank ,plz guide
9. Priyadarsini Mishra     Link|April 20, 2022 1:11:54 AM
I had 9 shares and all 9 shares were accepted for buyback, already deducted from my demat account. However yesterday I got credit for 3shares only (₹2415/-). Plz guide
8. KAMMA SIVA RAMA KRISHNA     Link|February 17, 2022 5:45:49 PM
Not purchased any shares to tender for the buyback.
8.1. lokes     Link|February 19, 2022 11:52:30 PM
i bought 100 shares here for buyback on 16th at 670. lets see, in my opnion company overall is performing good so it may not go too much down during/after buyback.
8.2. lokes     Link|April 18, 2022 9:17:47 PM
@KSRK sir: thanks.....
yes 32% is good AR....i bought only 10 more shares later after buyback so my avg. buy price is 666 rs for 110 shares....missed to add more shares at lower price. Overall still its an good buyback deal....
7. SONMAYA     Link|April 18, 2022 6:02:36 PM
Out of 54 shares of KPR MILLS... 17...SHARES...ENTITLEMENT...GOT MSG FROM BROKER...Brokerage...already deducted...
6. Sunil Rathi     Link|March 28, 2022 11:13:24 AM
How to Tender Shares for buyback in Groww?
5. IPO Mitr   I Like It. 1|  Link|March 19, 2022 11:40:10 PM
ER of 6%. All the best.
4. manojkumar tiwari     Link|February 16, 2022 10:33:18 AM
How many share we can apply for buyback. i have 370
4.1. KAMMA SIVA RAMA KRISHNA     Link|February 17, 2022 6:31:26 AM
Manoj ji,
It is the number of shares held on the Record Date, not the number of shares submitted for the buyback, for arriving at the Category i.e., General or Retail.
3. captainjack     Link|February 16, 2022 10:28:52 PM
Record date 19 Feb so can I still buy shares on 17th or is it too late because of weekend?
3.1. KAMMA SIVA RAMA KRISHNA     Link|February 17, 2022 6:28:37 AM
Captainjack ji,
No, it’s too late. Don’t worry, it is not that much attractive.
2. Rajkumar Bhuj   I Like It. 2|  Link|February 13, 2022 11:08:34 AM
For Retail... ER comes around 1.5%

2Cr shares with retail
3L shares to be bought back

Considering its strong performance, many may not offer in Buyback. My assumption is that AR may come around 25%
2.1. pRACE     Link|February 13, 2022 12:51:16 PM
@ Rajkumar Sir

Can we buy tomorrow few quantities
2.2. Rajkumar Bhuj   I Like It. 1|  Link|February 14, 2022 2:44:58 PM
You can buy tomorrow, tuesday.
1. Mahesh     Link|February 13, 2022 10:23:09 AM
On 31st December public holding was 8.7%. some of them may be holding shares worth more than Rs 2 lakh. Can we conclude that er in retail (reserved) category will be more than that in general category?

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